Meta's stock has surged as investors reward a sharp pivot away from its most expensive Metaverse ambitions and toward more ...

Meta's recent actions have given rise to speculation that the company is moving away from the metaverse. To validate this claim, it is important to understand the dynamics behind the metaverse and ...

Meta is betting big on AI, and some investors are having flashbacks to a previous high-profile spending spree.

The 30% cut in Meta’s budget for this technology can be seen either as a death sentence for the project or as a natural phase within a long-term strategy ...

Meta’s Connect keynote felt different this year, and not just because it marked the return of an in-person event. It’s been nearly two years since Mark Zuckerberg used Connect to announce that ...

Meta logo reflected in smart glasses highlights the company’s push into AR wearables and immersive tech growth. Shares of Meta Platforms got a boost in early December, helping stem the stock's ...

Meta's metaverse-related losses topped $3.74 billion over the second quarter with the Big Tech player spending $7.7 billion on its virtual reality business so far in 2023. Its second-quarter 2023 ...

The virtual world, or metaverse, seems to be on hold as tech companies commit more resources to artificial intelligence technology. The metaverse, a virtual world envisioned by the tech industry for ...

Meta is feeling the heat. Earlier this year, The Washington Post reported that Facebook parent company Meta paid a national consulting firm to place op-eds in local newspapers across the U.S. making ...

Meta has shifted away from pitching the metaverse to advertisers, The Information reported. In pitch meetings, the company has reportedly been prioritizing Reels and AI tools. The move comes as the ...

Meta's vision of the metaverse is an expensive trial that doesn't seem to be working. It's also caused development by other companies to grind to a halt. It may be time for Meta to rethink its ...